Anybody Buying Yet? Where’s the Bottom?

[SAJ-99]

Today is the day my gains are long term. Do I move it over to a steady dividend fund? Let it ride as my exposure in the grad scheme is insignificant or sell portion and buy some 10x42 NL Pures?

May 5 is earnings.

 

[seeth07]

So I don't think anyone's 401k is really down anymore right? What a massive swing since Tuesday - mine is up 18% from just 48 hours ago.

 

[SAJ-99]

So I don't think anyone's 401k is really down anymore right? What a massive swing since Tuesday - mine is up 18% from just 48 hours ago.

S&P is down 7% YTD, NASDAQ down over 11%. Bonds up 1% or so. 60%/40% down 6.1%, 80%/20% down 6.7% on price.

 

[SD_Prairie_Goat]

So I don't think anyone's 401k is really down anymore right? What a massive swing since Tuesday - mine is up 18% from just 48 hours ago.

-6.2% YTD for me

 

[westbranch]

I did some reallocations and Roth conversions in the first 2 weeks of April. Down about 3% YTD on IRAs/401ks. Still down about 8% from peak in the fall.

 

[BuzzH]

-6.2% YTD for me

Same boat.

I don't see anything close to the 20%+ years like we had with the last administration anytime soon.

I was wrong about this administration, I thought they'd do everything to juice the economy instead of burning it all down via self inflicted crap policy decisions.

 

[TakeABreakAndTouchGrass]

-6.2% YTD for me

 

[Rie Bread]

Up 2.2. Hanging in there while inflation is low
Beautiful BS bill

 

[WyoCoalMiner]

Same boat.

I don't see anything close to the 20%+ years like we had with the last administration anytime soon.

I was wrong about this administration, I thought they'd do everything to juice the economy instead of burning it all down via self inflicted crap policy decisions.

Given my investment strategy, I expect 1 negative year out of every 4 yrs. YTD this one is worse than the one during the last Obama term, better than the one during the first Trump term, and not even close to the beating I took one year while Biden was in office. I have a more positive outlook for the rest of this year than yourself but we will see. The 3 up years under Biden will be tough to beat.

 

[seeth07]

Since election day, today's results (and they are still climbing) puts me at -1.7%. Considering where we were at two weeks ago, I'm ecstatic to be back on the right track and hopefully this is the start of a few week rally to get not just my type of investment strategy back into the green but everyone else as well that seem to still be down 5% or more.

 

[SD_Prairie_Goat]

View attachment 369617

Ouch

My brokerage account is about that, hurts

 

[TakeABreakAndTouchGrass]

Ouch

My brokerage account is about that, hurts

That's my brokerage account. My IRA is pretty aggressive and isn't much better.

 

[BuzzH]

Given my investment strategy, I expect 1 negative year out of every 4 yrs. YTD this one is worse than the one during the last Obama term, better than the one during the first Trump term, and not even close to the beating I took one year while Biden was in office. I have a more positive outlook for the rest of this year than yourself but we will see. The 3 up years under Biden will be tough to beat.

Yeah, 2022 was pretty bad, but the 3 good years sort of make it easy to forget about.

IMO, the difference is that this one is self inflicted and was totally avoidable.

 

[seeth07]

Yeah, 2022 was pretty bad, but the 3 good years sort of make it easy to forget about.

IMO, the difference is that this one is self inflicted and was totally avoidable.

Looking at market performance over a 3 month stretch (basically what you are referring to started end of January and we are now at end of April) is about the same as a NR showing up to western state, driving down the road and going "ain't no elk here, time to move on". Give this a few more months and hit me back up in August if the market is still in a world of hurt. We can blame the actions of this on it then.

 

[BuzzH]

Looking at market performance over a 3 month stretch (basically what you are referring to started end of January and we are now at end of April) is about the same as a NR showing up to western state, driving down the road and going "ain't no elk here, time to move on". Give this a few more months and hit me back up in August if the market is still in a world of hurt. We can blame the actions of this on it then.

I think its more like this administration drawing an elk tag, driving all the way out here, forgetting their tag, rifle, and boots...then blaming it on China because they didn't get to hunt.

 

[Dave N]

As of yesterday mine was still down 2.51%. Switched some funds around a little while ago and it's doing better lately. Hopefully it will keep going.

 

[WyoCoalMiner]

Yeah, 2022 was pretty bad, but the 3 good years sort of make it easy to forget about.

IMO, the difference is that this one is self inflicted and was totally avoidable.

Valid point. An argument could be made that some of the pain, while avoidable, might have been necessary. However, I wont make that argument so as not to elicit Randy's fury again.

 

[BuzzH]

Valid point. An argument could be made that some of the pain, while avoidable, might have been necessary. However, I wont make that argument so as not to elicit Randy's fury again.

Yeah, possibly, but I'm not one to hit my thumb with a hammer on purpose just because it seems unavoidable to happen at some point.